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all of them in our funds. >> excellent. have a great weekend. >>> the obama administration is set to release the budget proposal next week and for first time the president's spending plan is said to include specific entitlement cuts, notably to social security. john harwood joins us from washington now with more. tell us about what the president is likely to propose. >> reporter: what he's doing, tyler, is embodying the last offer he made to house speaker boehner when they were negotiating around the fiscal cliff in december into his formal budget proposal. so for example, the so-called chain cpi for social security is in his proposal. that will reduce future payments and because of the effect on tax brackets cause some people's ta taxes to go up to some degree. this is a president saying, see, i'm willing to compromise and all the flak he's getting only serves to underscore his argument. he's hoping to convince them to come to the table. >> will republicans go along with the idea that there's a revenue raise here as a result that people -- they'll be moved in the higher tax brack
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